McGinn Penninger Investment Management Boosts UnitedHealth Group Holdings

Firm increases stake in healthcare conglomerate by 169% in Q3

Mar. 14, 2026 at 9:34am

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McGinn Penninger Investment Management Inc. grew its holdings in UnitedHealth Group Incorporated (NYSE:UNH) by 169.2% in the third quarter, according to its most recent SEC filing. The firm now owns 22,300 shares of the healthcare conglomerate's stock, valued at $7.7 million, making UnitedHealth Group its fifth-largest holding.

Why it matters

UnitedHealth Group is one of the largest healthcare companies in the U.S., providing insurance and other services. The firm's increased investment suggests confidence in the company's long-term prospects, even as the stock has faced some headwinds recently.

The details

McGinn Penninger Investment Management added 14,015 shares of UnitedHealth Group during the quarter, bringing its total position to 22,300 shares. The stock now makes up approximately 4.5% of the firm's overall portfolio. UnitedHealth Group has faced some challenges, with its stock price dropping from a high of $606 last year to around $282 currently.

  • McGinn Penninger Investment Management filed its Q3 2026 13F report with the SEC on March 14, 2026.

The players

McGinn Penninger Investment Management Inc.

A Minnetonka, Minnesota-based investment management firm that oversees approximately $170 million in client assets.

UnitedHealth Group Incorporated

A diversified healthcare company that provides insurance, pharmacy, and other healthcare services, headquartered in Minnetonka, Minnesota.

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The takeaway

McGinn Penninger's increased stake in UnitedHealth Group suggests the firm sees long-term value in the healthcare giant, even as the stock has faced some recent volatility. The investment highlights the continued appeal of UnitedHealth Group as a diversified healthcare services provider.